Ireland
EU considers removing Ireland’s tax veto powers
With Luxembourg, Malta and Ireland continuing to block ambitious EU plans to reduce tax dodging, the European Commission is now considering triggering a neglected treaty article that would allow them to suspend veto powers on tax matters.
Tax haven blacklist ‘not credible’ if four EU countries excluded
To stop its blacklist being whitewashed, the European Union should include Ireland, Luxembourg, Malta and the Netherlands on its list of tax havens when it is published on 5 December, Oxfam has warned.
Aviva acquires Irish insurer Friends First
Aviva is now the largest composite insurer in Ireland following a deal to acquire Friends First Life Assurance Company for €130m (£116m, $151m).
Canada Life International targets wider market
The portfolio bonds from Canada Life International (CLI) have halved the minimum single and additional investment amounts and increased the maximum age of the youngest life assured by 10 years.
Big jump in offshore bond sales at Canada Life International
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).